Regulations Under Obama Cannot Be Blamed: Productivity and Profits Have Gone Up
The Republican Presidential candidates, and especially Mitt Romney, have repeatedly asserted that burdensome regulations imposed by the Obama Administration are to blame for the disappointing...
View ArticleWhy Have Productivity and Profits Gone Up During Obama’s Term?
In the post immediately preceding this one (see directly below, or here), I noted that a glance at the economic data makes clear that productivity and profitability have both increased under Obama....
View ArticleThe Obama Bull Market Rally in Equity Prices: One of the Biggest of the Last...
Bull Market Rallies Since 1940 Ranked by overall growth in real terms Nominal % Real % Real Rate Start Date End Date Change Change of Growth Dec 4, 1987 Mar 24, 2000 582% 361% 13% Jun 13, …...
View ArticleTaxes on Corporate Profits – Low, Falling for Decades, And Now Close to a...
Conservatives bemoan the US corporate profit tax rate, which at 35% for the statutory rate is the highest among OECD members. They insist the tax, which they consider to be high, is both unfair and...
View ArticleThe Obama Bull Market in Equity Prices Continues
. Bull Market Rallies Since 1940 Ranked by overall growth in real terms Nominal % Real % Real Rate Start Date End Date Change Change of Growth Dec 4, 1987 Mar 24, 2000 582% 361% 13% … Continue...
View ArticleVested Interests in Health Care: Spectacular Profits and Earnings for At...
Ten-Year returns: CIGNA = 361%; S&P 500 Index = 70% A. Introduction Earlier posts in this series on health care have documented how incredibly expensive the US health care system is (with...
View ArticleThe Obama Bull Market Rally on Its Fifth Anniversary
Bull Market Rallies Since 1940 Ranked by overall growth in real terms Start Date End Date Calendar Days Nominal % Change Real % Change Real Rate of Growth Dec 4, 1987 Mar 24, 2000 4,494 582% …...
View ArticleWhy Wages Have Stagnated While GDP Has Grown: The Proximate Factors
A. Introduction A healthy debate appears to be developing in the run up to the 2016 elections, with politicians of all parties raising the issue of stagnant wages. Republicans have charged that this...
View ArticleThe Highly Skewed Growth of Incomes Since 1980: Only the Top 0.5% Have Done...
A) Introduction The distribution of the gains from growth have become terribly skewed since around 1980, as the chart above shows and as has been discussed in a number of posts on this blog (see, for...
View ArticleProductivity: Do Low Real Wages Explain the Slowdown?
A. Introduction, and the Record on Productivity Growth There is nothing more important to long term economic growth than the growth in productivity. And as shown in the chart above, productivity...
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